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EARNINGS PER SHARE (Tables)
6 Months Ended
Mar. 31, 2022
EARNINGS PER SHARE  
Schedule of net earnings per share available to common shareholders

For the three months ended March

2022

2021

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

567,889

567,889

551,369

551,369

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

10,862

9,572

Weighted average number of shares outstanding

567,889

578,751

551,369

560,941

Net income available to common shareholders

$

3,006,182

$

3,006,182

$

2,428,908

$

2,428,908

Net earnings per share available to common shareholders

$

5.29

$

5.19

$

4.41

$

4.33

(1)Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.

For the six months ended March

2022

2021

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

565,694

565,694

549,729

549,729

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

15,634

8,012

Weighted average number of shares outstanding

565,694

581,328

549,729

557,741

Net income available to common shareholders

$

6,007,238

$

6,007,238

$

5,506,518

$

5,506,518

Net earnings per share available to common shareholders

$

10.62

$

10.33

$

10.02

$

9.87

(1)Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.